SurgePays (SURG) Operating Leases (2019 - 2026)
SurgePays' Operating Leases was $40,093 in Q1 2026, down 84.5% from $259,205 a year earlier and down 59.6% from the prior quarter.
Analysis
SurgePays (SURG) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Operating Leases at SurgePays came in at $99,235, down 68.9% from FY2024.
- Operating Leases has now declined for four consecutive years, with a five-year compound annual growth rate of -8.6% (FY2020 to FY2025).
- In earlier years, Operating Leases was $319,232 in FY2024 (-10.4%), $356,276 in FY2023 (-10.8%), $399,413 in FY2022 (-9.0%) and $438,903 in FY2021 (+182.9%).
- The Q1 2026 figure marks the lowest quarterly Operating Leases since Q3 2024.
- The best year-over-year quarter for Operating Leases over five years was Q4 2021 (growth of 182.9%); the worst was Q3 2024 (a decline of 96.4%).
- Per Business Quant data, SURG's Operating Leases in the three quarters before Q1 2026 was $99,235 (Q4 2025), $157,183 (Q3 2025) and $198,180 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Verizon Communications | 193.94 Bn | 158.35 Bn | 27.03 Bn |
| 2 | T-Mobile US | 178.90 Bn | 163.65 Bn | 14.76 Bn |
| 3 | At&T | 170.76 Bn | 118.71 Bn | 25.82 Bn |
| 4 | Grupo Televisa, S.A.B | 146.22 Bn | 134.85 Bn | 318.12 Mn |
| 5 | Comcast | 77.07 Bn | 41.32 Bn | - |
| 6 | Chunghwa Telecom | 35.67 Bn | 31.52 Bn | 728.80 Mn |
| 7 | EchoStar | 25.89 Bn | 17.02 Bn | 1.65 Bn |
| 8 | AST SpaceMobile | 23.74 Bn | 24.24 Bn | 7.95 Mn |
| 9 | Bce | 19.19 Bn | 17.52 Bn | - |
| 10 | SurgePays | 3.71 Mn | -5.67 Mn | -425,171.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 40,093.00 |
| Dec 31, 2025 | 99,235.00 |
| Sep 30, 2025 | 157,183.00 |
| Jun 30, 2025 | 198,180.00 |
| Mar 31, 2025 | 259,205.00 |
| Dec 31, 2024 | 319,232.00 |
| Sep 30, 2024 | 13,132.00 |
| Jun 30, 2024 | 317,470.00 |
| Mar 31, 2024 | 342,444.00 |
| Dec 31, 2023 | 356,276.00 |
| Sep 30, 2023 | 367,465.00 |
| Jun 30, 2023 | 378,284.00 |
| Mar 31, 2023 | 388,971.00 |
| Dec 31, 2022 | 399,413.00 |
| Sep 30, 2022 | 409,672.00 |
| Jun 30, 2022 | 419,574.00 |
| Mar 31, 2022 | 429,354.00 |
| Dec 31, 2021 | 438,903.00 |
| Sep 30, 2021 | 447,002.00 |
| Jun 30, 2021 | 454,342.00 |
API Access
SurgePays Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=SURG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "SURG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=SURG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();